Chevron Makes Two More Natural Gas Discoveries in Australia

From OilPrice.com

By Joao Peixe

Chevron, like many international oil and gas companies, plans to develop Australia’s vast natural gas resources in order to export LNG to the growing market in Asia.

Since mid-2009 it has announced 19 discoveries, the latest discovery, declared in October, was at the Satyr-4 well around 75 miles north west of Barrow Island, off the coast of Western Australia.

This morning Chevron has announced that it has made two more discoveries off the coast of Western Australia. This time the reserves are located in the Exmouth Plateau area of the Carnarvon Basin.

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